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Author Topic: No rise in the price of BTC in this August 2018  (Read 1701 times)
sajjad.torch (OP)
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August 21, 2018, 09:18:02 PM
 #1

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
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August 22, 2018, 06:42:23 AM
 #2

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.

Why is it considered as bad news? And its not downtrend either. What we are seeing is bitcoin trading at a sideways meaning there's no clear direction as to where the price is going to be. Anyways, if you are interested go to this thread:

https://bitcointalk.org/index.php?topic=4936229.0

Some manipulation is going on and it says the price spike to $6900 but its just artificial.

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August 22, 2018, 07:31:49 AM
 #3

It's doesn't matter bro if there's no up trend on this month 'cause for sure on this upcoming month wherein "BER MONTHS"  it will gradually increase again like what happened before  ,so much better to accumulate now and be ready to jump or to ride with it because there will be a sudden rise again for sure.
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August 22, 2018, 07:38:14 AM
 #4

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.

I do not agree with that, Bitcoin price is fluctuates, look to the price today, it goes from 6400$ to 6900$ in just couple hours, so anything could happen, and i am not so sure that we end this month in worst worse than at this time

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August 22, 2018, 07:59:32 AM
 #5

Very bad news for BTC holders. BTC price is not moving upwards in August 2018.

Interesting that you did post such things just before Bitcoin did a jump from 6450$ to 6850$. Do you know something we don't? Or was it lucky timing?
However, Bitcoin didn't have a great August and also these ETF bad stories one after another just help the bears. But last year too, the best things happened after the first snow of the winter, didn't they?

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August 22, 2018, 08:14:52 AM
 #6

Very bad news for BTC holders. BTC price is not moving upwards in August 2018.
price not moving upwards is only bad news for newbies who thought bitcoin should rise every single and not rising is equal to being dead.
otherwise for the rest of us bitcoin not rising means an accumulation phase which is a natural stage in any market before a rise.

Quote
Looks like the rest of the days of August will be in downtrends for BTC price chart.
that's just dumb conclusion! you say just because it doesn't rise then it should fall!!! I don't know where you got your logic from but that is not how the world works.

Quote
The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
altcoins have been getting dumped for a long time and will continue being dumped for a couple of more months but that has nothing to do with bitcoin. they sometimes put some pressure on bitcoin price but it is nothing that big bitcoin market  can not handle.

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August 22, 2018, 08:49:53 AM
 #7

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
No rise but even no fall that can be an important thing now the prices were much stable and it can be a reason for the start of bull run soon but having stable prices are not bad news but even the prices were not stable yet. Roll Eyes

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August 22, 2018, 09:06:15 AM
 #8

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
Just as this was posted the price went up like 10%. This is bitcoin, sometimes it stays the same sometimes it goes up or down.
We should already be getting used to the volatility but also the stable-ish ways of bitcoin sometimes. Yeah sometimes it goes up huge or goes down huge but we had like couple of years at around 200-400 dollar range, YEARS , so one month with no real movement is not a huge deal for anyone who knows what bitcoin does or does not.

If you really want some wacky chaning quickly all the time type of investment, just invest on some casino as the casino bankroll (couple bitcoin casino websites allows you to be house), and watch as some people lose millions and some win millions.
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August 22, 2018, 11:53:21 AM
 #9

A few days ago,the bitcoin price was 8000 USD and you are talking that there wasn't any price increase during August.Are you kidding me?WTF is this "another panic month for longtime holders"?Do you really understand how bitcoin holders think?It is like when I'm holding gold and I expect the gold price to increase with 1000% during August.The gold price didn't increase and was stable,but I'm into panic why the hell it isn't going up.It's absurd.

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August 22, 2018, 12:01:24 PM
 #10

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
That's your perception if that is a bad news, as a holder if the price falls that's an opportunity to add and fill my bag. But you are looking to it as something negative. If you don't do something while we are at that not so good price then you'll keep on thinking that these dips are very negative. Color wars? don't look at the charts so you won't look at those reds and you'll save your time as well.

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August 22, 2018, 12:25:19 PM
 #11

Good or bad is just a matter of perception. If you are looking for an opportunity to sell your stash of bitcoins it could be a very bad news. But why would it be a bad news for BTC holders, as you put it? Holders are holders, they just hold their bitcoins. I don't get you logic. What if the downtrend continues during the rest of the month of August. It makes no difference for the longtime holders.
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August 22, 2018, 12:56:57 PM
 #12

I don't see why this would be so bad news. Also, I don't know where this speculation came from that the price will rise in August, such things can't be predicted for sure. Besides, this August hasn't brought us anything special regarding the price, not in good or in bad sense.
And those who have decided to hold Bitcoin on long term they will continue to do so and they are very well aware that Bitcoin is the most profitable on long term.

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August 22, 2018, 01:30:02 PM
 #13

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.

It’s not bad news, we haven’t lost anything if we don’t sell anything. Besides it’s very shirt termish to look at the price in such a short amount of time & decide anything.

Come back to us after the next halving & see the price then.

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August 22, 2018, 02:00:26 PM
 #14

If you back last 2 weeks ago this month the price of the bitcoin pump but unfortunately the price of the bitcoin down again and now the price is more than 6000 dollars but it's not a bad news for me why because we have a chance to buy more bitcoin instead of panic selling.

Every down of the bitcoin they have good news. Not only because of the bitcoin price is that good news they have benefits of dumping the value also of the bitcoin.

Don't spread bad news to other people because possible to them to panic because they scared to lose their money.

 
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August 22, 2018, 02:11:00 PM
 #15

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
I don't think I need to panic about the red price in August, it's normal and the price will not always be below the increase. There will be proof that I am monitoring the market movement now getting green in a few hours, I hope this bearish market will end and this continues
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August 22, 2018, 02:32:57 PM
 #16

We've actually managed to go past the resistance level (6500), if the price holds around the current prices (6646 at the moment of this post), then we could actually test 7k at the end of the month.

If the prices goes down again under 6500, I believe the 6k floor should hold pretty well before the next rally starts. But,to be honest, we're in the accumulation phase, which I call the "boring" phase, so we shouldn't expect too much and just let the market do its own thing.

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Barbarian
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August 23, 2018, 03:12:12 AM
 #17

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
I do not know why you expected any different, people are still in a state of panic, every time the price of bitcoin goes down people get really worried about a possible crash but at this moment with the price as low as it is right now it is almost impossible that we are going to see another crash that soon.
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August 24, 2018, 09:59:59 PM
 #18

We've actually managed to go past the resistance level (6500), if the price holds around the current prices (6646 at the moment of this post), then we could actually test 7k at the end of the month.

If the prices goes down again under 6500, I believe the 6k floor should hold pretty well before the next rally starts. But,to be honest, we're in the accumulation phase, which I call the "boring" phase, so we shouldn't expect too much and just let the market do its own thing.

August started with $7500. So even Bitcoin at any chance go beyond $7000 in August it will still be a negative month.
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August 24, 2018, 11:05:10 PM
 #19

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
What's the bad news in it if it's just staying the same in almost an entire months? Some would last almost a year so you should be lucky enough to witnessed the changes of Bitcoin per few months or weeks.

Aren't you that excited for the bull trend to exist again? We do still have four months left before the end of the year, you shouldn't worry yourself that much.

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August 24, 2018, 11:13:33 PM
 #20

Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.

How come it was a bad news that no interesting price movement the month of August? What's special this month?

Are you forgetting what things should do during this kind of trend? Accumulate more or just stay where you are.

And no, it will not create a panic for long time holders. They won't be called long time holders in the first place if they did some panic on the way. They withstand lots of negative speculations already that's why they able to kept up their hold coins until now. Make sense.

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